Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Maple Gold Mines Ltd V.MGM

Alternate Symbol(s):  MGMLF

Maple Gold Mines Ltd. is a Canada-based advanced exploration company. The Company is primarily involved in the exploration of mineral resources in Canada. Its projects include Joutel Gold Project, Douay Gold Project, Eagle Mine Project, and Morris Project. The Joutel Gold Project is 100% owned by the 50/50 joint venture between Maple Gold and Agnico Eagle Mines Limited (Agnico). The 39 square kilometers Joutel Project is located approximately 70 kilometers (km) southwest of Matagami and 125 km north of Amos. The Douay Gold Project is located in Quebec, Canada, approximately 2.5-hour drive north of Val d'Or 1.25 hours north of Amos via Highway 109. The Eagle Mine Project is a 77-hectare property located several kilometers west of the former mining town of Joutel in mining-friendly Quebec, Canada. The Morris is located approximately 30 km east-northeast of the town of Matagami and approximately 110 km north-east from the Douay camp.


TSXV:MGM - Post by User

Post by BurnabyJoe1919on Jul 19, 2023 2:13pm
188 Views
Post# 35548422

Agnico Eagle

Agnico EagleIs the joint venture with Agnico Eagle a blessing and a curse for individual shareholders? It is more than likely that one day AE will own 100% of Maple one day. This JV solves one of the biggest challenges for exploration companies with the committed funds from AE and with $8 million already in the bank. With this backing they feel secure in their exploration future so there is no need to rush it. But why wouldn’t they want to expedite the exploration given they basically have all the funds secured to get to a 100% buyout sooner? Either way I’m in on Maple for the long haul, but I really wish they would move the exploration process along much quicker.

<< Previous
Bullboard Posts
Next >>